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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (26124)2/23/2007 1:35:01 PM
From: Madharry  Read Replies (1) of 78744
 
not to beat a dead horse but that pv10 valuation is based on $4.10 Gas if memory serves me correctly. If you use $7.75 you get a much bigger number Im pretty sure. if they are spending $2.40 and selling for $7.750 it reminds me of the guy who wasnt very bright in high school. at the 25 year reunion he is the wealthiest in his class. When queried has to how someone who did so poorly in school became so affluent he responded that he wasnt too good with books so he went in the meat business buying steaks steaks at $1.00, marking them up 4% and selling them for $4.00 and he managed to do ok.
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